228 Gates, Elyria, OH 44035

• 4 beds |
• 2 baths |
• 1,491 sqft

Property Description

Great turn-key investment property! This duplex features 2 bedroom & 1 full bath on each unit. A large living room, remodeled kitchen & an updated full bathroom are found in each move in ready unit. The basement provides ample storage and has been recently waterproofed(2022). Newer Hot water tanks 2019 up & 2019 down; Sump pump(2022), Newer Furnaces 2021 up, 2017 down. New fridges in both units. Both units are occupied with wonderful tenants. The downstairs tenant is month to month paying $875 and upstairs tenant's lease expires on 12/31/2026 and they are paying $720. $1595 a month in rent, great cash flowing double Tenant pays all utilities except water and sewer! No showings until the offer is accepted. House has a slate roof but it's in a good condition. Great location close to shopping areas, downtown Elyria, Schools and much more! Call today!

Listing Status:

Active

Data Last Updated:

July 5, 2026 at 4:17PM

Listing Office:

EXP Realty, LLC. : 866-212-4991

Listing Agent:

George Vujadinovic : 440-502-9128

MLS ID:

5224523

Interior

• Laundry: In Unit
• Basement: FullUnfinished
• A/C: Window Unit(s)
• Heating: Forced AirGas
• Disability Feature: None

Exterior

• Parking: No GaragePaved

Construction

• Roofing: Slate
• General: Vinyl Siding2

Location

• Originating MLS: NOWDD_NORM
• School District: Elyria CSD - 4706
• County: Lorain

Lot

• Zoning: 06-26-019-102-010
• Fencing: Chain LinkPartialWood

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: NOWDD_NORM